Home is the place where life happens, and it doesn’t start with drywall. It starts with a loan that gets you and your dreams!  If you have big goals, tight timelines, and crazy plans, bring it on. 

Utah First residential construction and lot loans give you the affordable funding, flexibility, and freedom to turn “someday” into “move-in day!”

Break Ground With a Construction Loan

Ready to build? Our residential construction loans flex with your plans (and who you want swinging the hammer). We’ll find the best rate and term for your needs and walk you through the construction loan process step-by-step, brick-by-brick.

What You Get

• Custom-fit financing for any construction plan
• Competitive rates to help you build and breathe easy
• Up to 18-month terms that support your schedule
• Flexible down payment options that work for your budget
• Low 1% origination fee to save you money (and stress) at closing
• Fast, easy approvals from real humans right here in Utah
• 30-year amortization on your loan
• One-Time Close Construction program available! Apply once and close once when you bundle a construction and mortgage loan together. Ask a mortgage pro for more info. 

Contractor or DIY? We Fund Both!

Whether you’ve got a licensed builder managing the project or you’re calling the shots with a toolbelt and a timeline, we’ve got loan options for your build style. Just bring the vision, and we’ll bring the funds (and the laid-back vibes) for a stress-free build! 

What We Need From You

• Long-term approval (we’ll handle that!)
• Proof you can build (self-build qualification or builder’s license)
• Cost breakdown — AKA, where the money’s going
• Builder contract, if you’re working with a licensed pro
• Proof you own the land (if you’ve snagged it already)
• Blueprints and specs. Show off your vision — we love a good floor plan!

Buy the Land Now & Build Later With a Lot Loan

If you’ve found the perfect lot but aren’t quite ready to build, lock it down today and thank yourself down the road. The right plot doesn’t always wait on your timeline! Utah First lot loans let you invest in your future without overcomplicating your present.

What You Get

• Up to 75% financing for a fully improved residential lot you plan to live on
• Flexible terms:
  • 20- or 30-year amortization with a 3- or 2-year balloon
• Low origination fee
• Minimal documentation to get things rolling
• No structures on the lot required. Feel free to start dreaming, though!

What We Need From You

• Lot purchase contract if you’re buying from someone else
• Proof of income from your most recent pay stubs and two years of W-2s (or tax returns if self-employed). Show us the money!
• Bank account statements for two months. (No worries… we won’t judge those takeout transactions!)

Contact a mortgage expert today.

APR = Annual Percentage Rate. All rates subject to change without notice. When the loan amount exceeds $832,750, the LTV will typically be limited to 70% and a 0.50% rate premium. Loans over $1 million typically require a rate premium of 1%. Rates may be adjusted on LTV or other factors.

Wanna Chat About Your Dream Digs? We’re Ready!

From laying the foundation to locking in land, make Utah First your go-to crew for custom financing, low fees, and no-nonsense support. We’re local, quick, and all in on your home goals!

Apply Now